Lisa Su has been appointed the new Advanced Micro Devices, Inc (NYSE:AMD) chief executive to replace Roy Read who is said to have resigned from his position. Read has been instrumental in stabilizing the company’s financial performance. He is credited to have stabilized the company’s performance at a time when the PC market was doing…
Advanced Micro Devices, Inc. (AMD) Sticks to “Hold” at TheStreet, Increasing Selling Pressure
Advanced Micro Devices, Inc. (NYSE:AMD) lost 3.94% in yesterday’s trading session closing at $3.41. The shares of the chip company had twice the regular trade volume with as many as 50 million shares exchanged during the day. TheStreet team reiterated its “hold” rating for the company. TheStreet Ratings team added, “The company’s strengths can be…